Cobco, a subsidiary of the Al Mada group, has commissioned its first production lines for Nickel Cobalt Manganese (NCM) Precursor Cathode Active Materials (PCAM) in Jorf Lasfar, Morocco, in partnership with China’s CNGR Advanced Material Company, the company announced Friday.
The facility uses advanced technology to produce PCAM, a key component in electric vehicle (EV) batteries, while meeting strict environmental standards.
The newly operational lines are part of Cobco’s plan to reach an annual production capacity of 120 kilotons of PCAM. The company’s investment strategy also includes factories for Lithium Iron Phosphate (LFP) cathode materials and black mass recycling. With a combined output of 70 GWh, these facilities will have the capacity to power more than one million EVs annually.
Cobco seeks to establish a closed-loop battery materials system in Morocco to minimize waste and enhance sustainability.
The company also plans to run all its operations on renewable energy by 2026, leveraging Morocco’s resources for clean energy production.
“This commissioning marks the beginning of a new era for Cobco and Morocco’s role in the global EV supply chain,” Allen Luo, CEO of Cobco said. “We are building a low-carbon, high-quality manufacturing base that not only meets the needs of our customers but also sets new standards for sustainability in battery materials manufacturing.”